DigitalOcean Holdings, Inc. financial data

Symbol
DOCN on NYSE
Industry
Services-Computer Programming, Data Processing, Etc.
Location
101 Avenue Of The Americas, 10 Th Floor, New York, New York
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Digital Ocean, Inc. (to 7/14/2015)
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 291 % -60.9%
Debt-to-equity -579 % +93%
Return On Equity -16.3 % -113%
Return On Assets 3.4 %
Operating Margin 7.93 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 91.1 M shares +2.57%
Common Stock, Shares, Outstanding 91.3 M shares
Entity Public Float 2.5 B USD -14.1%
Common Stock, Value, Issued 2 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 90.8 M shares -4.99%
Weighted Average Number of Shares Outstanding, Diluted 93.8 M shares -1.86%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 712 M USD +16%
Cost of Revenue 285 M USD +20.3%
Research and Development Expense 136 M USD -6.11%
Selling and Marketing Expense 75.6 M USD -5.75%
General and Administrative Expense 160 M USD -9.69%
Operating Income (Loss) 56.5 M USD
Nonoperating Income (Expense) 12.4 M USD +43%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 68.9 M USD
Income Tax Expense (Benefit) 19 M USD
Net Income (Loss) Attributable to Parent 49.9 M USD
Earnings Per Share, Basic 0.55 USD/shares
Earnings Per Share, Diluted 0.52 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 419 M USD +1908%
Marketable Securities, Current 0 USD -100%
Accounts Receivable, after Allowance for Credit Loss, Current 63.9 M USD +16.2%
Assets, Current 516 M USD -26.2%
Deferred Income Tax Assets, Net 1.95 M USD +158%
Property, Plant and Equipment, Net 322 M USD +15.9%
Operating Lease, Right-of-Use Asset 156 M USD -15.7%
Intangible Assets, Net (Excluding Goodwill) 134 M USD +14.3%
Goodwill 348 M USD +17.4%
Other Assets, Noncurrent 5.28 M USD -5.69%
Assets 1.49 B USD -6.21%
Accounts Payable, Current 4.54 M USD -58.8%
Accrued Liabilities, Current 24.4 M USD -36.2%
Contract with Customer, Liability, Current 5.48 M USD +9.21%
Liabilities, Current 189 M USD +10.8%
Deferred Income Tax Liabilities, Net 3.52 M USD -19.7%
Operating Lease, Liability, Noncurrent 95.2 M USD -28.4%
Other Liabilities, Noncurrent 4.32 M USD -33.7%
Liabilities 1.77 B USD -0.84%
Accumulated Other Comprehensive Income (Loss), Net of Tax -591 K USD +13%
Retained Earnings (Accumulated Deficit) -330 M USD -43.1%
Stockholders' Equity Attributable to Parent -286 M USD -41.2%
Liabilities and Equity 1.49 B USD -6.21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 66.7 M USD +84.2%
Net Cash Provided by (Used in) Financing Activities -11.2 M USD +95.7%
Net Cash Provided by (Used in) Investing Activities 46.4 M USD -57%
Common Stock, Shares Authorized 750 M shares 0%
Common Stock, Shares, Issued 91.3 M shares +1.42%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 102 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 421 M USD +1227%
Interest Paid, Excluding Capitalized Interest, Operating Activities 172 K USD +36.5%
Deferred Tax Assets, Valuation Allowance 60.5 M USD +27.8%
Deferred Tax Assets, Gross 131 M USD +22%
Operating Lease, Liability 172 M USD +4.46%
Depreciation 92.7 M USD +8%
Payments to Acquire Property, Plant, and Equipment 43.7 M USD +87.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 50 M USD
Lessee, Operating Lease, Liability, to be Paid 179 M USD -3.66%
Property, Plant and Equipment, Gross 779 M USD +17.3%
Operating Lease, Liability, Current 81.2 M USD +11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Two 68.2 M USD +43.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 64.3 M USD -26.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +60%
Deferred Income Tax Expense (Benefit) -198 K USD +89%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 13.6 M USD -3.86%
Lessee, Operating Lease, Liability, to be Paid, Year Three 28.5 M USD -3.17%
Deferred Tax Assets, Operating Loss Carryforwards 28.2 M USD +15.5%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 140 K USD -62%
Current Income Tax Expense (Benefit) 7.57 M USD +32.2%
Preferred Stock, Shares Authorized 10 M shares 0%
Unrecognized Tax Benefits 20.3 M USD +19.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 12 M USD -40.3%
Operating Lease, Payments 49.9 M USD
Additional Paid in Capital 44.6 M USD +55%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) -99 K USD -141%
Current Federal Tax Expense (Benefit) 829 K USD
Operating Leases, Future Minimum Payments, Due in Two Years 66.5 M USD +177%
Amortization of Intangible Assets 19 M USD +201%
Depreciation, Depletion and Amortization 31.9 M USD +10.3%
Operating Leases, Future Minimum Payments Due, Next Twelve Months 13.6 M USD -56.1%
Deferred Tax Assets, Net of Valuation Allowance 70 M USD +17.4%
Share-based Payment Arrangement, Expense 79.7 M USD -28.4%
Operating Leases, Future Minimum Payments, Due in Three Years 74.7 M USD +235%
Operating Leases, Future Minimum Payments Due 256 M USD +177%
Deferred State and Local Income Tax Expense (Benefit) -120 K USD -373%
Interest Expense 9.06 M USD +6.26%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%